NittokuLtd Balance Sheet Health
Financial Health criteria checks 6/6
NittokuLtd has a total shareholder equity of ¥37.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥52.4B and ¥14.8B respectively. NittokuLtd's EBIT is ¥3.1B making its interest coverage ratio -20.1. It has cash and short-term investments of ¥12.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -20.1x |
| Cash | JP¥11.99b |
| Equity | JP¥37.53b |
| Total liabilities | JP¥14.84b |
| Total assets | JP¥52.37b |
Recent financial health updates
No updates
Recent updates
Should We Be Excited About The Trends Of Returns At Nittoku (TYO:6145)?
Mar 05
Key Things To Consider Before Buying Nittoku Co., Ltd. (TYO:6145) For Its Dividend
Feb 18At JP¥4,630, Is Nittoku Co., Ltd. (TYO:6145) Worth Looking At Closely?
Feb 02
What Is The Ownership Structure Like For Nittoku Co., Ltd. (TYO:6145)?
Jan 18Nittoku Co., Ltd.'s (TYO:6145) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 05Nittoku (TYO:6145) Has Gifted Shareholders With A Fantastic 279% Total Return On Their Investment
Dec 23We Wouldn't Rely On Nittoku's (TYO:6145) Statutory Earnings As A Guide
Dec 10Here's What To Make Of Nittoku's (TYO:6145) Returns On Capital
Nov 27The Returns At Nittoku (TYO:6145) Provide Us With Signs Of What's To Come
Jul 26Nittoku Co., Ltd. (TYO:6145) Is Yielding 1.0% - But Is It A Buy?
Jul 13How Many Nittoku Co., Ltd. (TYO:6145) Shares Do Institutions Own?
Jun 28Financial Position Analysis
Short Term Liabilities: 6145's short term assets (¥35.3B) exceed its short term liabilities (¥13.5B).
Long Term Liabilities: 6145's short term assets (¥35.3B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 6145 is debt free.
Reducing Debt: 6145 has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
Debt Coverage: 6145 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6145 has no debt, therefore coverage of interest payments is not a concern.